I'm hearing a lot of rumors about FTX and its customers' funds. Did FTX customers really lose all their money? Was it due to the company's mismanagement or was it a result of some external factors? How did this happen, and what can we learn from this incident to prevent similar disasters in the future? I'm really concerned about the safety of my crypto assets and want to know if there's anything I can do to protect them. Could you please provide some insights and advice?
7 answers
BlockchainVisionary
Sun Mar 31 2024
It was among the exchanges that had not been affected by the FTX crisis, offering stability to investors seeking refuge.
CryptoTitaness
Sun Mar 31 2024
They had collectively lost billions of dollars, and the ruling did not address the missing funds.
Daniele
Sun Mar 31 2024
Their money remained unaccounted for, leaving them with significant financial losses.
ethan_thompson_psychologist
Sun Mar 31 2024
The FTX collapse had been a devastating event for the cryptocurrency community.
SolitudePulse
Sun Mar 31 2024
The trial's outcome was described as a significant victory by Thacker.